Real estate fund, as the name suggests, is a fund used for real estate speculation.
The real estate speculation market in Xiangkeng is now very hot, and is no less hot than that in Qiongdao two years ago. Various properties are changing hands very quickly and are at the climax stage of passing the parcel.
Nan Ruoyin, the little fox, would not miss such a good opportunity to make money. She not only took the opportunity to cash out the properties in her hands, but also let GA service participate in the property speculation, earning both the agency fee and the difference between the turnover. She withdrew her own funds to short London copper and British real estate.
After years of slump, house prices in the UK have shown signs of a turnaround. Bolin Investment Holdings acquired properties in the UK in 1994. When this decision was made, Nan Ruoyin, as an intern in the Finance Group of the Information and Strategy Committee, also participated. However, she did not have much spare money before, but now that she has more money on hand, she naturally has to follow up.
After her own funds were withdrawn, the little girl did not want to give up the market situation in Xiangkeng, so she set her sights on the Artist Care Fund. This led to the establishment of the Building Fund and the scene of Ruan Mei promoting the Building Fund.
"Amei, I see in the contract that the lock-up period is two years. If I withdraw the money early, will the interest be waived?"
The one who spoke was Zheng Yuling, who was called Sister Dudu in the entertainment industry. Her personality was similar to Nan Yi's. They both attached great importance to money, but they also had a strong sense of contract and required both parties to pay for the goods. She never broke her promise and always did her homework. Similarly, the other party must keep their word and act according to the contract.
At the same time, Zheng Yuling was also nicknamed Zheng Jiuzu. When she was at the peak of her popularity, she would visit nine crews a day. Because she worked hard when she was young and knew how to calculate, when those who debuted with her were still worrying about the rent, she already owned a thousand-square-foot mansion in Ho Man Tin.
He is now worth hundreds of millions, but it is hard to say how many billions he has. He is a smart person and keeps his money tightly hidden.
"Sister Dudu, not only will there be no interest, we will also deduct a 5% management fee. If you invest 10 million and withdraw the funds early, you can only take away 9.5 million." Ruan Mei explained.
Zheng Yuling nodded without comment, and pointed to another clause in the contract, "When the closed period ends, you can get 125%-145% of the funds. Is 25% for two years a guaranteed minimum?"
Ruan Mei shook her head. "Sister Dudu, you know that our Artist Care Fund never promises a guaranteed return. Investment is risky and anything can happen. We must leave ourselves some room. However, I can tell you, Sister Dudu, that the Lou Fund was actually initiated by President Nan, and the return is guaranteed."
"Rachel?"
"Yes."
Zheng Yuling is actually a client developed by Nan Ruoyin during her time in charge of the Artist Care Fund. There was a story between Zheng Yuling and Nan Ruoyin, from looking down on her age to trusting her. It should be said that the two of them even have a little personal relationship. When Zheng Yuling heard that it was Nan Ruoyin who initiated the investment, she immediately decided to invest.
Zheng Yuling thought about it for a while and said, "Okay, I'll invest 15 million. Can I increase my investment later?"
"Yes, you can, but the terms of the contract will change, and the return figure will go down."
Ruan Mei said it unintentionally, but Zheng Yuling took it seriously. After a little thought, she could figure out that Nan Ruoyin was only optimistic about the property market in the next two years.
"Two years..." Zheng Yuling pondered over it for a while, and suddenly said to Ruan Mei, "Amei, I'm sorry, I thought about it and decided to invest less, 8 million is fine, I'll go to your place to sign the contract tomorrow morning."
"ah?"
Ruan Mei had already calculated the commission amount she could get in her mind. She would give this commission to Nan Ruoyin, and she would also have some ideas about how much profit she could make by using leverage to trade futures. In other words, she already had some ideas about where to invest the money earned from futures. Now when she heard that the number was going to be reduced, she was a little disappointed, but she reacted quickly.
"Sister Dudu, it doesn't matter. I welcome it no matter how much or how little you vote."
After finishing the discussion with Zheng Yuling, Ruan Mei went to Ren Hua's table again. The Artist Care Fund wanted everyone to know who its clients were, but at the same time it attached great importance to the privacy of clients' investment figures and would never tell a third party how much a client invested.
Ruan Mei invited several people this time. When she was explaining the contract just now, everyone sat together. After the explanation, they sat separately to discuss the investment amount. Ruan Mei went to each table one by one to talk.
Many artists in Hong Kong have a strong sense of crisis. They will not waste the money they earn from filming, but will invest it. At first, most people would buy a house directly. After the emergence of the Artist Care Fund, they have another choice. Especially after a long time, once the reputation of the Artist Care Fund's stable investment return rate spreads, many artists will come to the door themselves.
This time, Ruan Mei called several big customers, and all of them showed up.
"Brother Hua, you've been very busy lately, working non-stop." Ruan Mei said as soon as she sat down opposite Ren Hua.
Ren Hua smiled warmly, "It's all because everyone thinks highly of me and is willing to give me a meal."
Back then, Nan Yi took a fancy to Ren Hua's elder brother's relationship and asked Wang Li to sign him, which changed the trajectory of his life. During his time in Donglaiwu, he filmed a large-scale police and gangster-themed production every year and a half on average, from Flying Tigers, Anti-Black Unit, Serious Crime Unit, CID, to CIB. Ren Hua's image as a policeman has been deeply rooted in the hearts of the people, and his acting career has been smooth.
In terms of money, not only could he get first-tier level pay, he also received shares before Donglaiwu went public. Everything went smoothly. Not long after Nan Yi cashed out his shares, Ren Hua also cashed out his shares, left Donglaiwu, and started his own film and television company. He did not invest in films independently, but adopted a model of bringing capital into the crew.
If he came across a good movie, as long as the producer agreed, he would not only convert his salary into investment, but also invest some cash. Although the film market in Hong Kong was good in the past few years, except for a few directors such as Wang Yu, no one dared to say that the films they shot would definitely make money. Therefore, Ren Hua seized many investment opportunities and had a lot of money on hand.
In recent years, he has not only put part of his money into the Artist Care Fund, but has also been buying properties. However, his sights are not limited to Hong Kong, but to Europe and the United States. He owns properties in prime locations in the city centers of London, New York, and Paris.
Of course, while Ren Hua was successful, Nan Yi also got what he wanted. Not only did the Fang Group have a harmonious relationship with the police force officially, but privately, many senior members of the police force maintained a good personal relationship with Fang Mengyin.
Ruan Mei and Ren Hua talked for quite a long time, and some of their conversations were quite thorough. This was because Ren Hua was not just an individual, he was also the representative of a group of people. The investment could not be finalized on the spot, and he wanted to convey Ruan Mei's words to others.
…
When the waves on the yacht condensed into an exclamation mark floating in the air, Nan Yi ordered the Red Bean to come over. When he and Hu Minshan boarded the Red Bean, the exclamation mark in the air began to tremble violently. After a while, the long stick collapsed and fell over, breaking into pieces after the impact. At first glance, it looked like a long ellipsis.
The Red Bean sailed out, and a sigh from the depths of the soul rang out from the yacht behind it, "I want to leave too!"
When the Red Bean docked, Nan Yi had just the right sense of boundaries and did not show any further courtesy. He just left Hu Minshan at the dock and did not offer to send her back.
Hu Minshan is just a bud, not even ready to bloom, let alone budding. It is still unknown what kind of flower it will bloom into. Just leave some good luck for the future and don't rush.
The next day, Luo Zhaohui called Nan Yi at 2 pm. After the meeting, Nan Yi found that the other party was in a trance and seemed to be dozing off. After the investment amount was agreed to be 150 million, Nan Yi arranged for someone to keep an eye on Luo Zhaohui.
The fact that Luo Zhaohui dared to touch Li Chiliang shows that he is extremely inflated. The fact that he was still in a depressed state at two o'clock in the afternoon shows that he has lost sight of the priorities and has spent too much time on debauchery. His energy is scattered and he spends money like water. When one day he suddenly realizes that his assets have not only not increased but have been shrinking rapidly, he will be eager to get back on track and easily make stupid moves.
Luo Zhaohui had had too smooth a journey, and he could remain indomitable even when he was at his lowest point, but after falling from the clouds to the mortal world, he probably didn't have the courage and ambition to climb back up again, otherwise he would not have attempted suicide in his previous life.
It was precisely because of this analysis of Luo Zhaohui that Nan Yi had someone keep an eye on him, ready to withdraw investment at any time if anything went wrong. If he hadn't already agreed yesterday, he would never have invested the remaining 150 million. Three or five hundred million was not enough to tear off the label of Nan Yi as a man of his word and make him go back on his word.
After meeting Luo Zhaohui, Nan Yi immediately returned to Fang's Manor to accompany his precious daughter. He had to make good use of the time he spent with her because he had to go out and meet Chen Guowen in the evening.
At the beginning, Nan Yi and Chen Zongqing said that if Nanchen Village wanted to continue to grow, it would need to introduce external personnel. Chen Zongqing did not object. After that, people from outside the family began to join the senior management of Nanchen Village. Che Zhongping from Nanchen Wine Technology Company was one of them, and Dong Shaoyang from Henry Ceramics and Langyuan Xianpa was another.
Originally, Henry Ceramics, Langyuan Xianpa, and Bai Ri Feisheng Service Company were all managed by Chen Guowen, but that was only in the beginning. After the three companies slowly got on track, Chen Guowen's energy and ability were obviously insufficient. What's more, Nan Yi had high hopes for Bai Ri Feisheng Service. Chen Guowen could only give up the relatively unimportant Henry Ceramics and Langyuan Xianpa and concentrate on managing Bai Ri Feisheng Service.
Later, although Nan Yiren did not come in person, the order to expand the business line of Bai Ri Fei Sheng Service was conveyed. A subsidiary company "Fu Lu Shou Real Estate" was established under Bai Ri Fei Sheng Service to avoid competing with other real estate companies and enter a niche field of real estate - real estate for the deceased.
The business done by Fu Lu Shou Real Estate is different from others, and even the gods they worship are also different. When doing business, most people worship the God of Wealth or Guan Gong, but Fu Shou Lu Real Estate worships the King of Hell.
At the headquarters of Fushoulu Real Estate, there is an office dedicated to the Ten Kings of Hell. Incense is offered every day, hoping that everything will go well for the company. This is the only thing to pray for. Praying for a prosperous business is too straightforward and a bit unethical.
The walls of the Fu Lu Shou Real Estate office also followed the popular style of the time, with slogans posted on them: Don't argue with the living, only ask for efficiency from the dead.
This slogan indicates the direction of Fu Lu Shou Real Estate's efforts and also inspires all Fu Lu Shou employees to work hard. They all have a strong desire in their hearts and a sentence that is ready to burst out at any time, that is, "listing on NASDAQ in five years."
Yes, going public and having a market value exceeding US$100 billion is Fu Lu Shou’s mid-term goal.
Tsinghua University and Peking University do not have as big a goal as Fulu Shou. However, the goal is big, but it is not a pipe dream, nor is it out of reach. Nan Yi has even greater expectations for Fulu Shou, which is to go one step further and more arrogantly than the dream of "Fortune Global 500" that has already been proposed in China - to become one of the top 499 in the world.
Chen Guowen didn't come to Xiangkeng specifically to find Nan Yi. He had a lot of things to do, including market research, visiting companies, mergers, business expansion, etc. Finding Nan Yi was just a side job.
There are some less popular but profitable industries in this world, such as collecting scrap and doing funerals. There are also some lesser-known invisible rich people and invisible families. The Xiao family of Xiangkeng is an invisible family with enormous wealth.
When people talk about Hong Kong's wealthy, they often mention Li, Li, Zheng, Huo, Xu, and Fang. These families all have huge business empires, amazing wealth, and are very famous both inside and outside the industry. The relatively low-key Xiao family, which most people have never heard of, is also extremely wealthy.
The most famous person in the Xiao family and the person in charge of this term is called Xiao Baihuan. He is famous because he is the son-in-law of Bo Chupu and the former brother-in-law of Bo Qiong. The reason why he got this identity is that in the 1970s, Bo Chupu had not yet established a firm foothold in Macau and was surrounded by powerful enemies. In order to strengthen his strength, Bo Chupu thought of the method of marriage with wealthy families.
It can be said that Bo Chupu married his daughter into the Xiao family out of desperation, which shows how powerful the Xiao family is.
The Xiao family has been running a longevity store, commonly known as a coffin shop, in Xiangkeng since the generation of Xiao Baihuan's great-grandfather. After two generations of hard work, when Xiao's father took over, the Xiao family had already become the leader in the longevity store field. However, Xiao's father was not satisfied with this, and in 1951 he acquired the "Xiangkeng Funeral Home", also known as the Xiangkeng Hotel, and later invested in the Kowloon Funeral Home and built the Jinsheng Funeral Home.
The Xiao family's funeral parlors spanned across the three regions of Xiangkeng, and it could be said that they had a monopoly on the "funeral" business in Xiangkeng. It was no exaggeration to call the Xiao family the funeral king of Xiangkeng. Unless the corpses were left lying in the wilderness without anyone noticing, every person in Xiangkeng would have to let the Xiao family make a profit.
More than 40 years have passed since the 1950s, and the cost of handling funerals in Xiangkeng has never been cheap. The Xiao family not only has a monopoly on funeral services, but also has its own old business. You must know that Changsheng Store does not only sell coffins, but also covers everything related to funerals, except cemeteries and cremation.
Let me put it this way, the Xiao family has developed in all aspects in the field of funerals. When someone in the family dies, all you have to do is find the Xiao family, and there is no need to run around to hire people everywhere.
Of course, the Xiao family only monopolizes funeral services, but not other links. There are still many people in Xiangkeng who make a living in the field of funerals.
Funeral services are monopolized by the Xiao family, so naturally they can't think about the daytime ascension service. But apart from that, there are actually many other businesses that can be done. Three days ago, Chen Guowen divided the group of salesmen he brought with him into areas. Each salesman is responsible for a longevity , and he has to promote products and conduct market research.
After spending a day at Lao Lung Hang Street in Hung Hom, where there are many funeral shops and which is known as the street for funerals, he went to Po Fook Hill in Sha Tin, Fa Zang Monastery in Tsz Wan Shan, Yuen Yuen College in Tsuen Wan and other places, visiting all the blessed places of incense.
At 7:30 in the evening, Nan Yi and Chen Guowen met at a club in Repulse Bay.
The club has no sign and is not open to the public. It was originally opened by Zheng Shadan. Later, Li Tongban, Guan Erfu and Fang Mengyin all became its shareholders. There is nothing special about this place. It is generally no different from other clubs, except that the guests are slightly special.
Zheng Shadan likes to play Chu Di, and he often invites people to play cards here. Because the card partners are not ordinary people, the card games here are deified. Some people outside call this place the Landlord Club, the Earth Club, or the Chu Di Club. No matter what it is called, the rumors are very fantastic. It is said that the "×× Club" here controls the economy of the entire Xiangkeng. If they stomp their feet, the economy of Xiangkeng will shake three times.
Nan Yi likes to call this place the House of Cards. Since he doesn't like playing cards, he usually doesn't come here. He came here today just to bring Chen Guowen to show his face. If he comes a few more times and shows his face, maybe he can squeeze in.
The club had an open-air area with a large table in the middle where card games were held on nice days, and a small table in each of the two corners.
The weather is good today, so there is a card game. Nan Yi brings Chen Guowen to the big table and greets the four people sitting there, "Mr. Zheng, Mr. Li, Mr. Guan, Mr. Yang, who has better luck today?"
The four people are Zheng Shadan, Li Tongban, Guan Erfu, and Yang Zhengqi. Nan Yi is familiar with the first three , but has never dealt with Yang Zhengqi. However, he knows a lot about him and admires him.
Zheng Shadan is a rich second-generation, with the support of his ancestors, Li Tongban has the support of his uncle, Guan Erfu's mother left him a large network of contacts, and Yang Zhengqi was able to become a rich man entirely through his own efforts.
When he was young, Yang Zhengqi was considered a rich second-generation. At that time, he was called Yang Zhuzai. Yang's father had a shop. Yang Zhuzai had been interested in doing business since he was a child and often went to Yang's father's shop to play.
But after he went to school, the name Yang Zhuzai was too difficult to pronounce, so his teacher took it upon himself to change his name to "Yang Zhengqi", and this name became his real name.
Maybe the name was right. Ever since Yang Zhuzai was named Yang Zhengqi, the Yang family's business was booming. Soon Yang's father accumulated a considerable fortune. With the capital, he naturally thought about expanding the business. So Yang's father took out all his money to do business with his friends.
Unexpectedly, his friend and the swindlers jointly set up a scheme to steal the money that the Yang family had worked hard to save for more than ten years. Yang Zhengqi, who witnessed all this, felt that the business world was cunning and unpredictable, and it was simply impossible to guard against it.
After all the family wealth was swindled away, Yang's father was devastated and sighed all day long. Yang Zhengqi secretly decided to make a name for himself. When Yang Zhengqi was 15 years old, he simply gave up his studies and began to help his father run the business.
Compared with his father's conservativeness, Yang Zhengqi was very bold in doing business. In order to quickly earn the capital to start a business, he took the risk of smuggling at sea at night. He sewed pockets all over his body, stuffed more than 200 watches into them, took a small boat to the sea in the huge waves, and finally exchanged the watches for several bundles of banknotes.
After he had the capital, he opened a store called Shoucheng Watch Shop, specializing in selling luxury watches.
In order to expand sales, he went to the docks every day to sell luxury watches to tourists. Later, he reached an agreement with tour guides, drivers, and hotel waiters that as long as they introduced them to his store, he would give them a certain commission, thus forming the earliest tourism industry chain.
By the mid-1960s, Yang Zhengqi's Shoucheng Watch Shop had become a well-known shop in Hong Kong. After that, he obtained the Hong Kong distribution rights of several famous watches and became a watch tycoon in Hong Kong.
In the mid-1970s, Yang Zhengqi mortgaged all his properties and began to enter the real estate industry, expanding his assets again and becoming a well-deserved tycoon. By the 1980s, Yang Zhengqi already owned a variety of properties, foreign exchange, securities, gold, watches and jewelry.
Shoucheng Watch Company also became Shoucheng Group and a listed company, with Yang Zhengqi being the largest shareholder.
However, in 1982, the property market in Hong Kong was in trouble, and in 1983, it was even on the verge of collapse. When the situation was good, Yang Zhengqi, who was full of confidence, had previously hoarded a large amount of land. After the tide of economic development receded, Yang Zhengqi was burdened with a huge debt of up to 600 million Hong Kong dollars.
HSBC took over the Shucheng Group. After completing the formalities, Yang Zhengqi was left with only a set of clothes and glasses, and the latest debt note of HK$320 million settled by HSBC.
During the liquidation, the Mercedes-Benz under his name was seized, and the bank staff in charge of the seizure looked down on him and said he was not worthy of driving a Mercedes-Benz because he was no longer a successful person.
For Yang Zhengqi, the situation at that time was not only a blow to his career, but also the fact that his friends became estranged from him. He experienced the fickleness of human nature. For several nights in a row, his mind was blank and he watched the dawn.
After the loss, Yang Zhengqi had to face reality. He went to HSBC and used his business talent to persuade HSBC to let him work as a manager to pay off his debts. In view of their understanding of his previous character and ability, HSBC agreed to his request. But at the same time, they also put forward an additional condition that the HK$320 million debt must be repaid within 8 years.
In order to seize the hard-won opportunity, Yang worked hard to make money. Later, he and HSBC obtained 10 million Hong Kong dollars to open a jewelry retail store. He also traveled to Saudi Arabia and other places to look for business opportunities, trying his best to get to know the local dignitaries and cooperate with them to make a fortune.
Yang Zhengqi opened a bank in Cambodia and worked in finance in Indonesia. He did everything he could to make money. In less than three years, he paid off his debts. After gaining a foothold again, Yang Zhengqi's aggressive business style remained unchanged, but he did a more solid job in risk control.
Later, Yang Zhengqi's business went smoothly and his net worth continued to soar. At present, his net worth should be similar to that of Nan Ruoyin, with the only difference being the currency unit. It would not be a big deal if Nan Ruoyin's US dollars were converted into Hong Kong dollars.
"On weekdays, Director Fang seldom comes here, and you, Nansheng, come even less often. Why did you think of coming here today?" Zheng Shadan said, placing the cards in his hand on the table.
Speaking of which, Nan Yi was blessed by his uncle (Fang Mengyin's elder brother) and started his business early. He made friends with many people of the older generation in Shanghai on an equal footing. If the seniority was transferred, Fang Mengyin and the fathers of Zheng Shadan, Li Tongban, and Bao Yugang were of the same generation, but Fang Mengyin was younger than all of them. In order to avoid awkward communication, the issue of seniority was naturally ignored and everyone made friends on an equal footing.
If it weren't for this story, Nan Yi would have to be a "good nephew" wherever he went in Xiangkeng, and basically call everyone "Uncle" when he met them. It would not be so comfortable and he could have so many children.
Nan Yi smiled and said, "Mr. Zheng, I am rarely in Hong Kong. When I come here, I always have a lot of chores to do. Today I happen to be free, and it is an auspicious day. I think Mr. Zheng and the others must be playing cards and talking about heroes here. Come over quickly and listen."
"Haha, Nansheng is really good at talking. Today we only plan to get two hundred dollars, and then we can discuss heroism together later." Zheng Shadan laughed heartily.
"Okay." Nan Yi responded, and then said to the other three people: "My friend and I will sit over there so as not to disturb everyone's fun."
Of the four people present, Nan Yi could be sure that at least three of them believed in Feng Shui. Chen Guowen's identity was special, so it was not appropriate to introduce him at this time. Therefore, Nan Yi did not introduce Chen Guowen according to normal etiquette. After getting a response, he took Chen Guowen to the small table on the left, ordered two drinks, and started talking about the main topic.
"Uncle Guowen, what have you gained in the past few days?"
Upon hearing this, Chen Guowen picked up the notebook he had just taken out, turned to a page and glanced at it, then said, "After my investigations over the past few days, I found that there is a lot of room for development of cemeteries and niches in Xiangkeng. There are many cemeteries of different sizes in Xiangkeng, but most of them are left over from the past and have special uses. Ordinary Hong Kong people can't even think of being buried there.
The places where ordinary people can be buried are the Wong Tai Sin Cemetery Hill and the Tseung Kwan O Chinese Permanent Cemetery. I have carefully checked and found that there are not many spaces left to build tombs. They will be full in a few years.
"Uncle Guowen, let's put the cemetery aside for now. Hong Kong people pay attention to Feng Shui. It is difficult to approve a Feng Shui site suitable for building a tomb now. We have to wait for the right time to build a cemetery. Hong Kong has adopted the public housing route to solve the housing problem for the living, and the dead will definitely go in the direction of public niches to save land.
Whether living or dead, Hong Kong people are bound to be crowded together with others. At present, niches have great potential, so let’s focus on exploring this first.”
"Okay, let me talk about niches." Chen Guowen flipped a few pages back in his notebook and continued, "Now the public niches in Hong Kong are very tight. They can only be stored for 20 years. After 20 years, they need to be renewed. The price is not too expensive, but if you want to get a niche, you have to wait in line for about four years. The waiting time is too long, and Hong Kong people who can afford it will choose private niches.
There are currently seven private legal niches in the incense market. An ordinary niche on the market costs from 40,000 to 50,000 Hong Kong dollars to hundreds of thousands. The price depends on the building type. The high and low ones are cheaper, and the middle ones are more expensive for convenient worship. The second is the apartment type. There are single niches and double niches. There is a double niche in Longshan Temple, and the price has been hyped up to 1.2 million Hong Kong dollars.
"How many niches are usually there on a wall nowadays?" Nan Yi asked.
“Usually around 250.”
“How many years can you lie in a public cemetery now?”
"The bodies that have been buried for six years must be dug up and cremated to make room for the new ones."
“If I want to live in a public niche in the future, will I still have to wait in line?”
Chen Guowen nodded.
Nan Yi thought for a moment and asked, "Do you remember the prices of niches in different places?"
"have."
Chen Guowen turned to a new page in the notebook and handed it to Nan Yi.
Nan Yi took it and looked at it while saying, "Are there many permanent cemeteries in Xiangkeng that do not require renewal?"
"There is a type D cemetery, also called a gold tower cemetery, with a total area of ​​only 1.2 square meters, a square, and a usable area of ​​only 0.9 square meters. This type is for permanent burial and does not require renewal."
"Just enough to put an urn, and a place to set up a tombstone and burn incense?"
"almost."
"Where is the niche?" Nan Yi asked again.
“Basically, the subscription has to be renewed after ten or twenty years.”
"Oh." Nan Yi nodded and put down the notebook in his hand. "It's very simple to make the niche. Get the land, build the wall, and sell it. I won't say more. I'll tell you my other ideas."
Upon hearing this, Chen Guowen pretended to listen attentively.